The news comes after Juventus manager Massimo Allegri confirmed that Atletico striker Mario Mandzukic will make the move to Juventus in a deal worth up to €18 million, leaving Atletico a little bit light in the striker department.

It was said last week that AC Milan had agreed to pay the €35 million release clause in Martinez’s contract, with a Milan club doctor heading to Chile – where the 28-year-old forward is playing in the Copa America with Colombia – to complete a medical.

Though that doesn’t appear to have happened and Atletico Madrid are now looking to pounce.

Arsenal have been strongly linked with the Porto captain with Martinez previously admitting he was a boyhood Gunners fan: “I cheered for Arsenal when I was a kid – I love their style of play,” he said back in 2014.

Martinez told A Bola: “Arsenal are a great team, playing in one of the best leagues in the world.”

Atletico Madrid have been known to do swift business with FC Porto in the past, with Radamel Falcao making the move from Portugal to the Spanish capital back in 2011.

Both Atletico Madrid and Arsenal can offer Champions League football after finishing third in their respective leagues, whereas AC Milan have failed to qualify for European football for the second season in a row.

That would imply Martinez has a choice to make between both Atletico and the Gunners, but any decision is likely to be made after he returns from the Copa America.

A striker of Martinez’s caliber will no doubt help fan-favourite, Harry Kane, to develop even further after he became the first Spurs player to net 30 goals in a season since Gary Lineker.

If Pochettino can strengthen his squad again this summer Spurs will have a good chance of battling against their competitors in their search for consistent Champions League football.

All parties involved at Spurs may be sceptical about spending around £30 million on a player after the signings of Erik Lamela and Roberto Soldado following Gareth Bale’s transfer were deemed as ‘flops’, but it will be interesting to see if the club pursue Martinez.

Is Jackson Martinez a player Spurs need and will Pochettino make marquee signings this summer?

Former club FC Porto are keen on a £22 million move for the 29-year-old striker, according to Fichajes.net, and his signing would allow Jackson Martinez to move on after three successful seasons in Portugal.

Spurs have been linked with Martinez for some time and the player is reportedly keen on a move to White Hart Lane as he knows he would see regular first-team action – something Liverpool and Arsenal, two clubs monitoring the Colombian, could not offer.

The 28-year-old goal machine scored against Bayern Munich in Wednesday night’s 3-1 Champions League win and has scored seven goals in nine appearances in Europe’s elite competition this season.

He has netted an impressive 87 goals in 126 Porto appearances during his three years at the club but could be on the move if any side is willing to offer £27.5 million for his services, as that is the amount reported to be needed to match the release clause in his contract.

Spurs will need attacking reinforcements this summer as Emmanuel Adebayor and Roberto Soldado could be heading out the exit doors and Harry Kane cannot be expected to lead the line on his own for a whole season.

Spurs’ failure to qualify for the Champions League could be a factor as Martinez will be keen to remain in the competition he has scored 12 goals in 21 appearances in.

Should Spurs make a move to sign Jackson Martinez this summer? Is he the striker they need to push them on a level?